NSEGeneral Updates7 Aug 2026 · 7 Aug 2026, 11:52 am

General Updates

Religare Enterprises Limited · RELIGARE

✦ AI Summary▼ NegativeRegulatory

Religare Enterprises Limited has informed the Exchange about non-approval of the Scheme of Arrangement involving transfer of the Demerged Undertaking to Religare Finvest Limited by the Reserve Bank of India.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10

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Full Announcement

Religare Enterprises Limited has informed the Exchange about Intimation under Regulation 30 of SEBI LODR Regulations 2015

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RELIGARE_07082026115024_RELUPDATE07082026_RBI.pdf

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Date: August 7, 2026 The General Manager, The Manager – Listing Compliance, Department of Corporate Services, National Stock Exchange of India Limited, BSE Limited, ‘Exchange Plaza’, C-1, Block G, P.J. Towers, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Scrip Code – 532915 Symbol: RELIGARE Dear Sir/Madam, Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI LODR Regulations”). Ref: Scheme of Arrangement involving transfer of the Demerged Undertaking (as defined therein) of Religare Enterprises Limited (“REL” or the “Company”) to Religare Finvest Limited (“RFL”) pursuant to Sections 230 to 232 read with Section 52, Section 66 and other applicable provisions of the Companies Act, 2013 (the “Scheme”). We refer to our earlier intimation dated February 14, 2026, intimating the approval of the Scheme by the Board of Directors of the Company, subject to receipt of the requisite regulatory and statutory approvals. We also refer to our subsequent intimation dated July 7, 2026, intimating about the receipt of the observation letter with ‘no objection’ from National Stock Exchange of India Limited and the observation letter with ‘no adverse observations’ from BSE Limited, in relation to the Scheme. In continuation thereof, the Company and RFL had made applications to the Reserve Bank of India (“RBI”) seeking its no-objection / prior approval for the Scheme. The Company has received a letter dated August 6, 2026, from the RBI, conveying that the application has been examined and that the request has not been acceded to. A similar communication dated August 07, 2026 has been received by RFL as well in this regard. REL and RFL shall engage with the Regulator and provide further clarifications, as may be required in this regard. We request you to take the above information on record and treat the same as compliance with the applicable provisions of the SEBI LODR Regulations. Yours sincerely, For Religare Enterprises Limited Babu Rao P. Group General Counsel & Group Chief Compliance Officer Religare Enterprises Limited CIN: L74899DL1984PLC146935 Registered Office: First Floor, Office No. 101, 2E/23, Jhandewalan Extn., New Delhi – 110055 Phone No.: +91-11- 4167 9692 Corporate Office: 1st Floor, Tower A, Club 125, Plot A-3,4, 5, Sector -125, Noida – 201301, Uttar Pradesh Phone No.: +91-120- 4384 941 www.religare.com / investorservices@religare.com